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3450 McNutt Rd
El Paso, TX 79922
Retail Property For Sale
Investment Highlights
- Heavy Day and Night Traffic from highway and main road
- Multi Use Property
Executive Summary
This multi-asset commercial property offers a strong value-add opportunity with diversified income potential.
The front building, formerly the Carousel Grocery Store, benefits from established visibility, steady traffic, and easy access--ideal for redevelopment into a restaurant, bar, gas station, or retail use.
The warehouse, once the historic Carousel Night Club, provides substantial space for adaptive reuse, storage, or light industrial applications. The property also includes two residential homes, offering immediate rental income or on-site housing options, plus an additional parcel of land for future development or expansion. The property is surrounded on all sides by chain link fencing making it secure and easily accessible to the owner. The road frontage lends to incredible exposure to both McNutt, a main roadway that travels through Sunland Park NM and Loop 375.
With a mix of commercial and residential assets, this property is well-suited for investors seeking multiple revenue streams, redevelopment upside, and long-term appreciation potential.
This property is being sold as a whole, cannot be parceled off for individual sale. Properties included in sale are, 3450 McNutt, 101, 111, 113 & 115 Brickland.
The front building, formerly the Carousel Grocery Store, benefits from established visibility, steady traffic, and easy access--ideal for redevelopment into a restaurant, bar, gas station, or retail use.
The warehouse, once the historic Carousel Night Club, provides substantial space for adaptive reuse, storage, or light industrial applications. The property also includes two residential homes, offering immediate rental income or on-site housing options, plus an additional parcel of land for future development or expansion. The property is surrounded on all sides by chain link fencing making it secure and easily accessible to the owner. The road frontage lends to incredible exposure to both McNutt, a main roadway that travels through Sunland Park NM and Loop 375.
With a mix of commercial and residential assets, this property is well-suited for investors seeking multiple revenue streams, redevelopment upside, and long-term appreciation potential.
This property is being sold as a whole, cannot be parceled off for individual sale. Properties included in sale are, 3450 McNutt, 101, 111, 113 & 115 Brickland.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,733 SF
Building Class
C
Year Built
1994
Price
$1,700,000
Price Per SF
$622.03
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.39 AC
Zoning
C3 - C3 Zoning + Residential for the 2 houses
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
47’ on Mcnutt Rd
Amenities
- Corner Lot
- Fenced Lot
- Pylon Sign
- Signage
- Waterfront
- Drive Thru
Property Taxes
| Parcel Number | S528-999-0130-2400 | Improvements Assessment | $90,154 |
| Land Assessment | $39,831 | Total Assessment | $129,985 |
Property Taxes
Parcel Number
S528-999-0130-2400
Land Assessment
$39,831
Improvements Assessment
$90,154
Total Assessment
$129,985
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